abstract main objective of this paper is to investigate the impact of exchange rate misalignment on wheat’s producer estimates (pse), using the 1989-2007 period’s data. for this purpose, vector error correction model (vecm) along with the use of real exchange rate based on purchasing power party (ppp) was applied to estimate nominal equilibrium exchange rates. then, by using market price suppor...

This paper empirically investigates the effect of exchange rate uncertainty on cereals export flows for a broad sample 75 countries during 2010/01 - 2016/12 period. To do this, we first estimate volatility, and then, demand by using panel data model with autoregressive vectors (P-VAR). strategy analysis is applied over different groups countries, which are obtained cluster based level volatilit...

Received: 6 March 2006 Revised: 18 December 2007 Accepted: 19 February 2008 Online publication date: 13 November 2008 Abstract Scholars have noted that international investments have the potential to provide firms with real options value under uncertainty. To assess this issue, prior studies have tended to focus primarily on exchange rate volatility. Although multinational firms face other type...

We present an empirical investigation of the hypotheses that exchange rate uncertainty may have an impact on both the volume and variability of trade flows by considering a broad set of industrial countries’ bilateral real trade flows over the period 1980–1998. Similar to the findings of earlier theoretical and empirical research, our first set of results shows that the impact of exchange rate ...